Binance founder Changpeng Zhao has shared concerns over the growing hype surrounding memecoins while urging to develop more utility-driven tokens. In a Nov. 26 post on X (formerly Twitter), Zhao acknowledged the popularity of memes but expressed unease over their current direction, describing them as “a little weird.” According to him, most memecoins lack real-world […]
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Binance founder Changpeng Zhao notes ‘weird’ memecoin mania, urges utility innovation